The s p also down. 1 . All oil at session highs, energies leading the gains. The nasdaq is down. 4 . At the lowest level in more than a week. Take a look at some of the currency trades happening. Major markets are still shot, so we are seeing some position adjustments. Not much moves in the dollar, after two weeks of decline. Some growing optimism about the strength of the u. S. Economy after that tax bill. The japanese yen strengthening a little bit but around that sixweek low against the dollar. The boj cap its loose Monetary Policy stance last week. When it comes to treasury yields, 2. 46. The 2 10 spread is now there are for a fourth straight session. That is a look at the market. President donald trump signing the gop tax overhaul bill last week. Congress also signing a budget deal to avoid a shutdown before going on its holiday recess. So what is next on the agenda, what could it mean for the markets . Joining us to discuss from los kumar strategies and founder, komal srikumar. T
Authorities have opened a judicial probe in a tainted baby milk scandal that caused a recall of several million products over fears of potential salmonella contamination. Health authorities have said 31 contractedoss france salmonella in recent months after consuming baby milk. None died, though 16 were hospitalized. The recalls affected 30 countries. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am the bill ackman. The i am nabila ahmed. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu. Joe i am joe weisenthal. Julia chatterley is off today. Scarlet we are 30 and its away from the close of trading in the u. S. And stocks are modestly lower. Oil surging to its highest in a yearandahalf. Joe the question is what did you miss . Scarlet bitcoin rallies past 15,000 as traders of the Digital Currency look to draw a line under the recent slump. Apple having a not so merry christmas, w
In the background check system for gun licensing and sales. Homeowners in states with the highest property taxes are looking to prepay 2018 bills ahead of a 10,000 cap on the deduction for property taxes. The new laws come with the gop tax overhaul President Trump signed last week. Tens of thousands of puerto rican residents remain withouttl power more than three months after Hurricane Maria destroyed the u. S. Islands electrical grid. A study conducted this month by local engineers estimated roughly 50 of the island 3. 3 Million People remain without power. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im nabila ahmed. This is bloomberg. Cory im cory in for emily chang, and this is bloomberg technology. Coming up, apple shares take a hit after lackluster demand for the iphone x. The tech giant can the jets can the tech wrong . Rove the analysts plus, amazon celebrate a very strong holiday season. We will look at how the smart
Market picture this morning. As you can see were pointing higher to the tune of about five points or so the dow is up 27 the nasdaq up 13 we were a little bit lower yesterday, but not too much. The nasdaq was the laggard the other two were just below the flatline although it was the fourth negative session out of five for the dow. Albeit up 2 on the dow for the month as a whole which is the ninth straight month of gains for the dow. The s ps also looking at nine straight months of gains after december if we hold the gains at the moment which is pretty extraordinary, consistent gains through the course of this year. Lets have a look at oil prices coming up next as we said. Jumped significantly yesterday still up there near that 60 mark for wti. All right. Lets have a look at markets around the rest of the world hong kong was closed yesterday for the boxing day holiday most other markets open yesterday. Everything open today. Shanghai down a percent or so, but elsewhere slight gains for
North bay. Another nice one for the afternoon. Well take a closer look at the 60s in the forecast as we head over to mike, already tracking an issue in the north bay. We are looking here. The Speed Sensors are great. I thought a few more cars on the roadway than yesterday. Over here, northbound 680, the bridge has debris. Through the north bay, this is what kari is talking about, maybe fog will. Thats registering. The traffic conditions translated from the weather system. Keep that in mind. No problems reported by chp. Well track this. Back to you. Thank you, mike. 4 31 right now. South bay shaking a magnitude 3. 9 earthquake near san jose. This happened shortly after 10 30. The epicenter five miles eastnortheast of alum rock. It was felt in san jose and here in the south bay. It wasnt the first shake of the night, a 3. 1 hit east of morgan hill. No reports of damages or injuries. The mayor preparing people for a more serious quake. Continuing coverage of the chp officer killed in the